- Airbnb
- Long-Term
- Mid-Term
This property looks like a bad Long-Term investment with a projected -7.3% first-year return on $73,500 initial cash invested.
Cash On Cash
-7.3%
Cap Rate
5.25%
Rent
$2,278
Cashflow
-$447
Rent Confidence: High
Annual
$27,336
Median
$2,300
Avg
$2,276
Samples
25
Financing
Purchase Price $350k
Downpayment 20.0%
Interest Rate 7.0%
Mortgage Duration 30yr.
Cash To Invest
Total $73,500
Downpayment $70,000
Closing costs $3,500
Rehab $0
Furnishing $0
Cashflow
Total Income $2,278
Total Expenses $2,725
Mortgage P&I $1,863
Property Taxes $147
Home Insurance $122
PManagement $228
CapEx $114
Vacancy $137
Maintenance $114
Other $0
Google Maps with the subject property comparables is loading...
# | Comparable Property | Rent | Beds | Baths | SQFT | Distance |
---|---|---|---|---|---|---|
1 | 59 Johnston Blvd | $2300 | 3 | 2 | 1232 | 1.3 mi |
2 | 12 Guinevere Ct | $2300 | 3 | 2 | 1350 | 0.1 mi |
3 | 102 Estelle Park Dr | $2600 | 3 | 2 | 1312 | 0.8 mi |
4 | 117 Estelle Park Dr | $2495 | 3 | 2 | 1335 | 0.6 mi |
5 | 45 Oak Hill Dr | $2400 | 3 | 2 | 1162 | 1.2 mi |
6 | 68 Rash Rd | $2395 | 3 | 1.5 | 1242 | 0.6 mi |
7 | 9 Alex Breeze Way | $1850 | 3 | 2 | 1261 | 1.9 mi |
8 | 14 Friendly Holw | $2200 | 3 | 2 | 1168 | 1.8 mi |
9 | 40 Deaver Park Cir | $1750 | 3 | 2 | 1175 | 1.8 mi |
10 | 104 Appalachian Way | $2195 | 3 | 2 | 1280 | 1.9 mi |
11 | 121 Estelle Park Dr | $2395 | 3 | 2 | 1420 | 0.6 mi |
12 | 7 City Cove Ln | $2950 | 3 | 2 | 1160 | 2.3 mi |
13 | 7 City Cv Ln | $2950 | 3 | 2 | 1159 | 2.3 mi |
14 | 18 Laurel Loop | $2700 | 3 | 2 | 1100 | 1.6 mi |
15 | 100 Pace Ln | $2100 | 3 | 2 | 1337 | 2.1 mi |
16 | 42 Robinwood Ave | $2400 | 3 | 2 | 1140 | 2.5 mi |
17 | 26 Oakcrest Pl | $2195 | 3 | 1.5 | 1225 | 2 mi |
18 | 4 Rosemary Rd | $2495 | 3 | 2 | 1100 | 1.9 mi |
19 | 15 Hudson St | $1950 | 3 | 2 | 1250 | 3.3 mi |
20 | 408 Villas Ct | $1900 | 3 | 2.5 | 1300 | 1.3 mi |
21 | 22 Cub Rd | $2595 | 3 | 2.5 | 1320 | 1.2 mi |
22 | 65 Tipperary Dr | $2200 | 3 | 2 | 1244 | 3.7 mi |
23 | 33 King Arthur Pl | $1700 | 3 | 2 | 0.1 mi | |
24 | 406 Villas Ct | $1895 | 3 | 2.5 | 1330 | 1.3 mi |
25 | 2 Evelake Dr | $2000 | 3 | 1.5 | 1050 | 0.4 mi |